Park City Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 390905063 ✦ Merrill, WI ✦ Designated as a 501(c)(14)

Overview

What is Park City Credit Union?

Park City Credit Union is a financial institution based in Merrill, Wisconsin, with a US address at 501 S Pine Ridge Ave. As of December 31, 2022, they had served a total of 1,378 mortgage and home equity, 8,123 consumer, and 97 member business loan recipients. In addition, they managed 2,215 credit card accounts for their members. Their mission revolves around helping members achieve their goals while contributing to the local community. They had 131 employees working to fulfill this purpose.


Official website here: www.parkcitycu.org

Is Park City Credit Union legitimate?

Park City Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Park City Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,143,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,574,275

For more financial information, click here


Official website here: www.parkcitycu.org

What is the mission statement of Park City Credit Union?

Park City Credit Union is dedicated to assisting its members in achieving their goals while contributing to the communities they serve. The mission of the credit union is to help members fulfill their dreams. During the previous year, the credit union approved a significant number of loans, totaling 2,617, to support members in various financial endeavors. The loan portfolio consisted of mortgages and home equity loans, consumer loans, and business loans. Furthermore, the credit union managed over 2,200 credit card accounts for its members as of December 31, 2022.


Official website here: www.parkcitycu.org

Who is the CEO of Park City Credit Union?

Shawn Achterberg is the President/Ceo of Park City Credit Union. The CEO's salary of Park City Credit Union is $322,969 and their total compensation is $380,697.


Official website here: www.parkcitycu.org

What is the revenue of Park City Credit Union?

Park City Credit Union's revenue in 2022 was $13,553,767.


Official website here: www.parkcitycu.org

Who are the executives of Park City Credit Union and what are their salaries?

The average compensation at Park City Credit Union during 2022 was $36,015. There are 131 employees and 25 volunteers at Park City Credit Union.

Here are 14 key members and their salaries (Park City Credit Union's CEO's salary is $322,969 and their total compensation is $380,697):

    Volala Mindak (President/Ceo)
  • Compensation: $322,969
  • Related: $0
  • Other: $57,728

    • Jack Mikunda (Coo)
  • Compensation: $151,916
  • Related: $0
  • Other: $62,390

    • Shawn Achterberg (Cfo)
  • Compensation: $121,179
  • Related: $0
  • Other: $73,600

    • Melissa Wrycha (Cro)
  • Compensation: $127,275
  • Related: $0
  • Other: $53,562

    • Janet Schreiber (Evp Hr & Administration)
  • Compensation: $93,692
  • Related: $0
  • Other: $47,008

    • James Richardson (Chair) [Trustee/Director]
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Leah Burbach (Vice Chair) [Trustee/Director]
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Lee Opsahl (Secretary) [Trustee/Director]
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Jeffrey Hoffman (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Paul Kienitz (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Steven Metz (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Rob Oemig (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Gary Schwartz (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Jackie Leonhard (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0


  • Official website here: www.parkcitycu.org

    Where can I find the form 990 for Park City Credit Union?

    The Park City Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.parkcitycu.org

    Learn more at the official website: www.parkcitycu.org

    Mission Statement of Park City Credit Union

    Park City Credit Union, a mission-driven financial institution, is dedicated to helping its members fulfill their dreams while serving their communities. This commitment is reflected in the numerous loans they granted during the previous year, totaling 2,617. With a diverse loan portfolio, they facilitated 1,378 mortgages and home equity loans, 8,123 consumer loans, and 97 business loans for their members as of December 31, 2022.

    Beyond offering financial products, Park City Credit Union extends its reach to its membership base by providing them with 2,215 credit card accounts. This extensive range of services is geared towards supporting members in achieving their financial goals and realizing their dreams. By prioritizing the needs of its members, Park City Credit Union strengthens its communities and fosters economic growth.

    Impact

    This information is meant to be a general summary of Park City Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Park City Credit Union has a significant impact on its members and communities by helping individuals fulfill their dreams through various financial services. In 2022 alone, the credit union funded 2,617 loans, demonstrating its commitment to supporting members in achieving their goals. As of December 31, 2022, Park City Credit Union held 1,378 mortgages/home equity loans, 8,123 consumer loans, and 97 member business loans. Additionally, the credit union managed 2,215 credit card accounts for its members by the end of 2022. This level of financial support plays a crucial role in strengthening the financial well-being of individuals and businesses in Merrill, Wisconsin, and the surrounding communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $813,820
  • Program Service Revenue: $12,739,947
  • Gross Receipts: $13,658,282

    • Assets and Liabilities:
  • Total Assets: $329,193,373
  • Total Liabilities: $303,202,967
  • Net Assets: $25,990,406
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $9,329,565

    SERVICE CHARGES AND FEES

    Revenue

    $1,425,886

    OTHER NONINTEREST INCOME

    Revenue

    $1,055,539

    INTERCHANGE INCOME

    Revenue

    $883,872

    SALE OF LOANS

    Revenue

    $45,085

    Organization Details

    Founding Year

    1938

    Principal Officer

    Shawn Achterberg

    Main Address

    501 S PINE RIDGE AVE, MERRILL, WI, 54452

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Park City Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.